Australia: Biofuels Annual 2016
In recent years, the Australian biofuel industry has faced lower world crude oil prices and fluctuating demand, as well as a number of policy changes. Total production for 2016 is estimated
at 300 million liters (ML), comprised of 250 million ML of ethanol and 50 million ML of biodiesel. Production of ethanol is relatively stable and is supported by a mandate in New South Wales and a now legislated mandate in Queensland from 2017. Biodiesel output has significantly declined following a surge of imports. A new excise arrangement has now made biodiesel imports fully
subject to prevailing excise on diesel and the industry is restructuring.
